TRUE. After explaining a new procedure to her employees, amy asks, "is there anything that wasn't clear?" she is asking this question to encourage feedback.
The best and most correct answer among the choices provided by your question is the second choice.
Project x should be used i<span>f the company is using the payback period method and it requires a payback of three years or less.</span>
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Answer:
<u>Cost Of Goods Manufactured $ 133,000</u>
Explanation:
Peterson Company
Schedule for the cost of goods manufactured
For 2017
Direct Materials (opening Inventory) 21,000
Add Purchases 74,000
<u>Less Ending Inventory (23000)</u>
Materials available for Use 72,000
Add Direct Labor 22,000
Factory Overhead
Indirect Manufacturing Labor 17,000
Plant Insurance 7,000
Depreciation 11,000
<u>Repairs 3000 38,000</u>
132,000
Add Opening WIP 26,000
<u>Less Closing WIP 25,000</u>
<u>Cost Of Goods Manufactured $ 133,000</u>
Answer:
IT personnel
Explanation:
Analytics softwares are ussally used for processing, analyzing and modelling big data (e.g. imagine a data table with billion rows and columns) to create insightful reports and dashboards for decision making purposes. So, IT professionals would mostly likely utilize this type of software to complete their data-related tasks.
Answer:
The activity rate for the machine setup cost pool is $160.00
Explanation:
The activity rate for machine setup cost pool is computed as :
machine setup costs/number of setups
Machine set up costs is $41600
Number of setups is 260 setups
Activity rate for machine setup=$41600/260
=$160.00
The activity rate for machine setup is $160 per setup
Activity rate shows how much per activity is allocated to product under activity based.
Determining activity rate is the of one steps to be taken in Activity Based Costing and Activity Based Management
The other steps include:
Identification of activity incurring costs
Assigning costs to activity
Assignment of costs to cost objects and so on.
